The Internet is an ever-increasing network that supplies new possibilities to make money online. One of these options is to become a domain name reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of presently functioning domain names, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that deals with the registrations and determines the prerequisites that each concrete Top-Level Domain may include, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain name resource records.
Gain Profit From Selling Domain Names
A lot of Registrars have reseller programs that enable people to make profit from selling domains to end users. If you sign up for such a program, you can kick off your very own electronic business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more clients in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will obtain a website hosting Control Panel where you can fix the prices for the various TLDs that the Registrar provides. Most firms also offer invoicing software and templates for your virtual storefront, and the automation of the entire procedure coupled with the enormous demand for domain names make the domain reseller market so attractive. You will either get a pre-made site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own web portal and order form. Commonly, you have the option to decide between the two possibilities, so it all depends on how proficient you are in these issues. As a domain name reseller, you will work under your own personal trademark name and not under the Registrar's.
Earn Cash From Offering Hosting Solutions As Well
A good supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who want to run their web portal and require both a domain name and a hosting plan. Given firms provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your clients. You can then offer domain names and shared website hosting packages to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.